Property Overview
This 2016-built, single-storey home in Bridgwater Trails sits on a generous 4,595 sqft lot. Its key appeal lies in a balance of modern age and established value. The home is newer than most in Winnipeg, yet has a renovated basement adding immediate livable space. With a detached garage and a living area of 1,350 sqft, it offers a practical, low-maintenance layout. The assessed value has shown stable growth since its 2020 sale.
Its profile suits first-time buyers or downsizers seeking a modern, move-in-ready home without the premium of a brand-new build. The large lot is a standout for the neighbourhood, offering future potential for gardening or expansion that many newer properties lack. It’s a pragmatic choice for someone who values a quiet, established street within a newer community, and who prioritizes land size over having the largest interior square footage on the block.
Frequently Asked Questions
How does the lot size compare to others in the area?
At 4,595 sqft, the lot is larger than 61% of others on the same street, which is a significant advantage in this neighbourhood where lot sizes can vary. This provides more private outdoor space than many comparable homes.
Is the basement renovation reflected in the assessed value?
The assessed value of $484,000 is higher than the 2020 sale price of $429,000, indicating market growth. While specific renovation details aren't itemized, updated, finished spaces generally contribute positively to an assessment.
What does the "rank" information for Living Area mean?
The home's living area (1,350 sqft) is smaller than most in its immediate vicinity, ranking in the top 93% (meaning only 7% are smaller) on its street. This suggests the home's value is driven more by its newer build year, lot size, and renovation than by interior square footage.
How does the 2020 sale price compare to the current assessment?
The home sold for $429,000 in December 2020. The current assessed value of $484,000 represents an increase, which is consistent with broader market trends over that period.
Are the nearby comparison homes similar?
The listed nearby properties have a range of sizes and values. Some have larger living areas and higher assessments, confirming that this home is positioned as a more compact, land-focused option within Bridgwater Trails.